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MarketScreener Homepage  >  Equities  >  Nyse  >  VMware, Inc.    VMW

VMWARE, INC.

(VMW)
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VMware : Check Point Announces Enterprise Branch Office Security Powered by a Cloud Service; Check Point partners with VMware and Silver Peak to secure branch connectivity with top-rated Threat Prevention, Flexible deployments, and Unified Security Management

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08/28/2019 | 03:39am EDT

Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, has announced the launch of a Check Point Branch Office Security solution to transform enterprise branch office connectivity with cloud-delivered security services. Check Point CloudGuard Connect and CloudGuard Edge deliver top-rated Threat Prevention updated in real-time with the latest ThreatCloud intelligence, flexibility to deploy branch office security in minutes from the cloud or on-premise, seamless integration with leading SD-WAN providers like VMware and Silver Peak, and a unified threat and access management platform that can reduce operational expense by up to 40%.

As enterprises increasingly move their on-premise branch office workloads and applications to SaaS applications, they are adopting Software Defined Wide Area Networking (SD-WAN) to intelligently route traffic to cloud services. However, connecting branch offices directly to the cloud significantly increases their security risk and security management costs. Branches are no longer protected by centralized data center security, which exposes them and the enterprise WAN to sophisticated multi-vector Gen V attacks.

"The movement to SD-WAN requires integrated security to protect enterprises from Gen V security threats. Enterprises expect top-rated security even at the branch office," said Itai Greenberg, Vice President of Product Marketing and Management at Check Point. "With CloudGuard Connect and CloudGuard Edge enterprises can now deploy Check Point's top-rated threat prevention and intelligence to protect their branch offices against the latest Zero Day and Gen V security threats."

"Securing SD-WAN connections to the cloud is essential given today's advanced cyber threats," says Sanjay Uppal, VMware Vice President and GM of VeloCloud(TM). "We're excited to partner with Check Point to help drive the transformation in connecting branches to the cloud."

"Through the Silver Peak and Check Point partnership, enterprise IT organizations can confidently embrace a cloud-centric security model, centrally configuring and enforcing uniform security policies across the WAN with just a few mouse clicks," said Chris Helfer, senior vice president of strategic alliances at Silver Peak. "The Silver Peak® Unity EdgeConnect(TM) SD-WAN edge platform managed by the Silver Peak Unity Orchestrator(TM), automatically services chain applications to Check Point CloudGuard Connect and CloudGuard Edge." Cloud Guard Connect and CloudGuard Edge Deliver Top-Rated Threat Prevention Security to Prevent Zero-Day and Gen V Attacks

Check Point provides organizations of all sizes with integrated, advanced threat prevention, reducing complexity and lowering the total cost of ownership. With CloudGuard Connect and CloudGuard Edge, Check Point protects branch office connections to the cloud from sophisticated threats with dynamic scalability, intelligent provisioning and consistent control. Unlike other solutions that only detect, Check Point prevents threats with:- Top-rated Threat Prevention with 100% Catch Rate- Innovative solutions that combine cloud-hosted patented CPU-level inspection and OS-level sandboxing to prevent infection from the most dangerous zero-day and sophisticated Gen V attacks

Always Up-to-Date Threat Prevention with Real-Time Intelligence from ThreatCloud

Check Point CloudGuard Connect threat prevention stays up to date on the latest Zero-Day and Gen V cyber-attacks through ThreatCloud. ThreatCloud is a cloud-driven knowledge base that delivers real-time dynamic security intelligence. ThreatClould gathers threat intelligence from 86 billion security decisions, 4 million file emulations, and 7000 Zero-Day attacks every day. Integrated with leading SD-WAN vendors in the Cloud or On-Premise to Secure Branches in Minutes

Check Point CloudGuard Connect secures SD-WAN connections to the cloud. Check Point CloudGuard Connect seamlessly implements branch security across thousands of branches where space is limited and there are no local IT resources. For enterprises that require on-premise security for data privacy or data-location requirements, CloudGuard Edge can be deployed using a virtual security gateway running on existing branch office IT equipment including dedicated SD-WAN or universal Customer Premise Equipment (uCPE) devices. To provide enterprises with the ultimate flexibility, Check Point CloudGuard Connect is seamlessly integrated with leading SD-WAN providers including VMware and Silver Peak. Unified security architecture reduces OpEx costs up to 40% and CapEx by 20%

Both Check Point CloudGuard Connect and CloudGuard Edge are integrated into Check Point's R80 threat prevention and management platform and Infinity Architecture. This enables enterprises to have a unified view of their threat landscape and security policy from one single console, no matter which form of the CloudGuard service they choose to utilize. They get real-time updates on security threats through the cyber attack dashboard. The unified security platform is integrated with Check Point's Infinity architecture increasing security productivity enabling enterprises to reduce operating costs up to 40%.

Check Point CloudGuard Connect and CloudGuard Edge will be available by October 2019.

Learn more about Check Point CloudGuard Connect, CloudGuard Edge, and Check Point SD-WAN Security Solutions.

Follow Check Point via:

Twitter: http://www.twitter.com/checkpointsw

Facebook: https://www.facebook.com/checkpointsoftware

Blog: http://blog.checkpoint.com

YouTube: http://www.youtube.com/user/CPGlobal

LinkedIn: https://www.linkedin.com/company/check-point-software-technologies

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(C) 2019 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials (USD)
Sales 2021 11 512 M - -
Net income 2021 1 287 M - -
Net cash 2021 926 M - -
P/E ratio 2021 45,2x
Yield 2021 -
Capitalization 62 064 M 62 064 M -
EV / Sales 2020
EV / Sales 2021 5,31x
Nbr of Employees 29 450
Free-Float 19,1%
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Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 169,67 $
Last Close Price 149,77 $
Spread / Highest target 40,2%
Spread / Average Target 13,3%
Spread / Lowest Target -33,2%
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Managers
NameTitle
Patrick P. Gelsinger Chief Executive Officer & Director
Michael Saul Dell Chairman
Zane C. Rowe Chief Financial Officer & Executive Vice President
Baskaran G. Iyer Chief Information Officer & Senior Vice President
Rajiv Ramaswami Chief Operating Officer-Products & Cloud Services
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